Investec’s UK Specialty Banking report said net core loans rose 1.4 per cent to £16.8 billion as of the end of March 2025.
The company said the annual total was driven by the growth of the UK’s residential mortgage portfolio, while the corporate lending sector remained flat in a constrained market environment.
The banking group’s operating profit grew 7.8 per cent, with prices exceeding £1 billion in a year.
Commenting on the results group CEO Fani Titi said he was pleased to report outstanding performance in a turbulent operational environment and exceeded £1bn for the first time in banking history, indicating the fundamental advantages of its differentiated client franchise.
Earlier this month, Investec Bank launched a customized purchase service for high net worth UK expats in Dubai or Switzerland.
The lender said the new product was tailored to investors planning to live abroad.
